(INDIANAPOLIS) – Indiana’s statewide unemployment rate for February remains at 3.1%.
According to data from the state’s Department of Workforce Development, that’s the third straight month the unemployment rate has been at 3.1% for Indiana.
In addition, Indiana’s labor force participation rate held at 63.4% for February, remaining above the national rate of 62.5%. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3,409,528, which is an increase of 427 from the previous month.
Private sector employment in Indiana increased by 3,100 jobs over the last month, translating to a gain of 72,900 jobs from this time one year ago. The biggest gains in February were in Professional and Business Services (+3,600); Leisure and Hospitality (+1,500); and Private Educational and Health Services (+1,200).
By comparison, the national unemployment rate for February stands at 3.6%, and increase from 3.4% in January.